Nerdy (NYSE:NRDY – Get Free Report) issued its earnings results on Monday. The company reported ($0.82) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.50) by $0.68, FiscalAI reports. Nerdy had a negative net margin of 16.99% and a negative return on equity of 100.13%. The company had revenue of $33.19 million for the quarter, compared to analysts’ expectations of $33.51 million.
Nerdy Stock Performance
Shares of NRDY stock traded up $0.32 during mid-day trading on Monday, reaching $6.55. 19,109 shares of the company’s stock traded hands, compared to its average volume of 38,847. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.70 and a current ratio of 2.70. The firm has a market capitalization of $83.73 million, a PE ratio of -1.75 and a beta of 1.93. Nerdy has a 12 month low of $5.37 and a 12 month high of $22.35. The firm has a 50 day moving average price of $7.59 and a two-hundred day moving average price of $11.77.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Nerdy in a research note on Thursday, October 15th. Wall Street Zen raised Nerdy from a “sell” rating to a “hold” rating in a report on Saturday, October 24th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on NRDY
Nerdy Company Profile
Nerdy, Inc (NYSE: NRDY) is an education technology company that operates an online learning platform designed to connect learners with instructors and other educational resources. Its platform is primarily offered through the Varsity Tutors brand.
The company provides live, online instruction across a broad range of subjects and learning needs. Its offerings include one-on-one tutoring, small-group classes, test preparation, academic support, language learning, admissions assistance and professional development.
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